13/10/2021 Briefing

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Transport
  • Department of Transport | Allocation of €35 billion
  • Public Transport | €11.6 billion for new public transport infrastructure including BusConnects, DART+, Metrolink and LUAS | €3.8 billion for public transport protection, renewal, and energy transition | €350m for renewing and expanding regional and rural bus fleets
  • Roads | €5.8 billion on new roads | €8 billion on protection and renewal of national, regional and local roads | €1 billion for carbon reduction measures including EV charging infrastructure
  • Active Travel | €360 million / year for walking and cycling infrastructure by 2025
  • International | €2.4 billion on airports to enhance international connectivity | €42m on ports in 2021-2026
  • Shared Island | Replacement of the Dublin-Belfast Enterprise train fleet
  • Budget 2022 | €1.4 billion for public transport upgrades | BusConnects, DART+ and MetroLink to enter the planning system | €1.37 billion for national, regional and local roads | €100 million for EV grants and charging infrastructure | Increase in Vehicle Registration Tax & €5000 relief for EVs extended to end of 2023 | €360 million for Active Travel & Greenways | €36 million for capital and operational funding for regional airports | €108 million for maritime transport and safety
Housing and Urban Regeneration
  • Housing | €4 billion / year for 2021-2025 | 9,500 new-build social homes, 4,000 local authority Affordable Purchase homes, and 2,000 ‘Cost Rental’ homes per year up to 2030. | Fund (accessed through competitive bidding) to support building of lower cost apartments for selling
  • Retrofitting | 500,000 homes (including 36,500 local authority owned homes) to B2/Cost Optimal Equivalent BER standard
  • Urban Regeneration and Development Fund extended to 2030
  • Budget 2022 | €6 billion for Department of Housing | €2.5 billion for 9,000 new-build social homes | €174 million for 4,000 affordable homes, including cost rental and affordable purchase | €18 million for Traveller accommodation | Help-to-buy scheme extended to 2022 | €65 million for housing adaptation grants | €85 million for retrofitting | Tax on land zoned suitable for residential with two-three year lead in time
Energy Transition & Resources
  • Carbon Tax Receipts (€9.5 billion additional revenue anticipated) | €5 billion for energy efficiency (includes measures under Housing and retrofitting of public buildings) | €1.5 billion to decarbonise agriculture | €3 billion for Just Transition and fuel poverty
  • Energy Transition | RESS auctions estimated to provide €7.2-€12.5 billion in supports to deliver 2.5GW of grid-scale solar, 8GW onshore wind, 5 GW offshore wind | €16 billion spend by State Owned Enterprises on energy projects | Interconnector projects underway | Climate Action Fund to leverage investment (€500 million to 2027)
  • Water | €6 billion investment to be undertaken by Irish Water | €243 million for non-Irish Water investment in rural water infrastructure
  • Budget 2022 | €368 million for Energy Transformation (including €202 million from carbon tax revenue for retrofitting / Carbon Tax to rise by €7.50/tonne) | €152 million for Just Transition | €98 million for Circular Economy | €1.6 billion for water services | Modest tax disregard for personal income from selling surplus energy to grid
Telecommunications
  • Broadband | €2.7 billion for the National Broadband Plan
  • Cable | EirGrid’s Celtic Interconnector to include fibre telecommunications cable
  • Budget 2022 | €251 million for connectivity and communications including through NBI and the National Cyber Security Centre
Education & Healthcare
  • Schools | Capital funding of €4.4bn on school infrastructure over 2021-2025 | Aim to deliver 150-200 school building projects / year | Focus on refurbishment of existing stock to transition to net zero carbon
  • Further & Higher Education | €2.9 billion on infrastructure, research & innovation (2021-2025)
  • Health | €5.7 billion on infrastructure up to 2025 including on Primary Care Centres, Community Care, Community Nursing Units and ICT
  • Budget 2022 | €792 million capital budget for Department of Education | €50 million in ICT grants for schools | Funding for Department of Health increased by €1 billion to include more hospital and community care capacity